Effective 28 Aug 1972
370.270. Entrance and transfer fees. — A credit union may charge an entrance fee, as may be provided in the bylaws which shall, however, not exceed one dollar. Fully paid-up shares may be transferred to any person upon election to membership, upon such terms as the bylaws may provide and upon the payment of a transfer fee which shall not exceed one dollar.
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(RSMo 1939 § 5532, A.L. 1945 p. 689, A.L. 1972 S.B. 502)
Prior revision: 1929 § 5090
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